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{
    "id": 1003369,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1003369/?format=api",
    "text_counter": 453,
    "type": "speech",
    "speaker_name": "Roysambu, JP",
    "speaker_title": "Hon. Isaac Ndirangu",
    "speaker": {
        "id": 2701,
        "legal_name": "Isaac Waihenya Ndirangu",
        "slug": "isaac-waihenya-ndirangu"
    },
    "content": "It is important to remind Members of this House that just the other day, our Government forewent income of Kshs172 billion in order to bring initiatives under the stimulus package to ensure our economy does not collapse. You know some of the initiatives taken by the Government like the deduction of VAT from 16 to 14 per cent, deduction of PAYE for various categories of employees and the stimulus package of Kshs100 billion for Kazi Mtaani . It is also not lost on us that last year our Government had a total tax expenditure of Ksh535 billion. So, in trying to balance this Bill, we have tried as much as possible to remove exemptions, subsidies, deductions, tax waivers and other allowances and incentives that compromise our revenue targets and only left exemptions that are entirely critical to sectors of our economy."
}